Delta to buy sustainable aviation fuel from Aemetis in over $1b deal

Delta will buy sustainable aviation fuel from Aemetis Inc in a 10-year deal worth over $1b, including tax credits, the renewable energy firm said on Thursday. Airlines have been under pressure from environmental groups to lower their carbon footprint, with the Biden administration setting targets to boost SAF output and help the domestic aviation industry shift away from traditional fuels. Aemetis’ pact with Delta follows a similar deal agreed by JetBlue Airways Corp on Wednesday with bioenergy firm SG Preston to procure SAF for its flights from New York’s airports. Aemetis will deliver 250m gallons of fuel containing SAF, which is made from feedstocks such as used cooking oil and animal fat, and is expected to be available for use by Delta in 2024. Delta, which has a goal of replacing 10% of its conventional jet fuel consumption with SAF by the end of the decade, also has an agreement with Chevron Corp to buy a test batch of SAF.<br/>